The company’s most recent financing, like its previous capital infusions, came from undisclosed angel investors in China. “I tried to stay away from traditional VCs,” says Li. “What we’re targeting is to replace them in early stage funding.”

Investments into CTQuan, and on the CTQuan platform, are all denominated in Renminbi, Li says. That includes investments into the company’s dynamic funds, which differ from AngelList syndicates in some ways.

Unlike the syndicate model, where individuals can pool capital for either a single investment, or to create their own mini-investment vehicle for multiple deals, CTQuan’s dynamic funds are discrete vehicles for individual companies. “For each investment we set up a small fund,” says CTQuan chief executive Li Xiaoning.

In part, that’s because of some of the vagaries of Chinese legal structures and the quirks of the venture capital and private equity market in the country.

CTQuan is also taking a different approach as it goes to market with its own dollar-denominated venture capital fund. Li says the fund is targeting $100 million for investments outside of China.

“In the earlier deals we were just brokers,” says Li of the company’s matchmaking efforts. “Helping foreign startups find Chinese technology companies and then getting them to invest… In later deals we will get to be co-investors.”

“There’s opportunities for U.S. technology companies to come to China,” says Li. “[Chinese partners] can take a company with cutting edge technology into the Chinese market and take advantage of the local consumer market. The appetite for U.S. dollars is low, but the appetite for U.S. technology is very high.”

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OverviewCTQuan is founded by the top Chinese investors such as Lei Jun, Xiaoping Xu, Kaifu Lee. CTQuan helps startups find their investors by leveraging the data analysis of startup data and its social network of investors. The platforms consists the most accurate and complete database of startups and investors in China--chuangyepu.com and a social network for startups ctquan.com/angelnvc.com